NASDAQ : PEBK
Peoples Bancorp of North Carolina, Inc. — Financial statements
Financials · Banks - Regional · United States
Last price 44.035 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 234.30M
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Financial statements
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Interest Income on Loans | 72.12M | 67.25M | 62.92M | 55.51M | 43.08M | 41.19M |
| Interest Income on Investments | 14.15M | 16.37M | 17.81M | 16.36M | 11.35M | 5.99M |
| Total Interest Income | 86.27M | 83.62M | 80.73M | 71.86M | 54.43M | 47.18M |
| Interest Paid on Deposits | 22.26M | 23.64M | 24.55M | 14.65M | 2.58M | 2.78M |
| Interest Paid on Borrowings | 887.00K | 959.00K | 2.10M | 2.50M | 742.00K | 424.00K |
| Total Interest Expense | 23.15M | 24.60M | 26.65M | 17.14M | 3.32M | 3.21M |
| Net Interest Income | 63.12M | 59.02M | 54.08M | 54.72M | 51.11M | 43.97M |
| Mortgage Banking Activities | 508.00K | 327.00K | 357.00K | 301.00K | 393.00K | 2.50M |
| Gain (Loss) on Sale of Assets | 3.01M | 3.01M | 184.00K | -85.00K | 105.00K | |
| Gain (Loss) on Sale of Investments | -74.00K | -78.00K | 5.00K | -2.49M | ||
| Other Non-Interest Income | 26.49M | 27.72M | 27.35M | 24.92M | 26.38M | 22.29M |
| Total Non-Interest Income | 29.93M | 30.98M | 27.71M | 22.91M | 26.69M | 24.92M |
| Revenues Before Loan Losses | 93.05M | 90.00M | 81.79M | 77.63M | 77.80M | 68.89M |
| Provision for Loan Losses | 1.46M | 938.00K | -285.00K | 1.57M | 1.47M | -1.16M |
| Revenue | 91.60M | 89.06M | 82.08M | 76.07M | 76.33M | 70.06M |
| Salaries and Employee Benefits | 28.48M | 28.05M | 28.00M | 26.45M | 25.88M | 24.32M |
| Federal Deposit Insurance | 791.00K | 776.00K | 764.00K | 745.00K | 461.00K | 415.00K |
| Selling, General & Administrative | 13.21M | 12.85M | 12.01M | 10.62M | 10.90M | 10.40M |
| Other Non-Interest Expense | 20.61M | 21.53M | 20.38M | 18.33M | 18.78M | 15.99M |
| Total Non-Interest Expense | 63.09M | 63.21M | 61.15M | 56.14M | 56.03M | 51.13M |
| EBT Excluding Unusual Items | 28.51M | 25.85M | 20.93M | 19.92M | 20.30M | 18.93M |
| Pretax Income | 28.51M | 25.85M | 20.93M | 19.92M | 20.30M | 18.93M |
| Income Tax Expense | 6.51M | 6.02M | 4.58M | 4.38M | 4.17M | 3.80M |
| Net Income | 21.99M | 19.83M | 16.35M | 15.55M | 16.12M | 15.13M |
| Net Income to Common | 21.99M | 19.83M | 16.35M | 15.55M | 16.12M | 15.13M |
| Basic Shares Outstanding | 5.32M | 5.31M | 5.30M | 5.42M | 5.48M | 5.58M |
| Diluted Shares Outstanding | 5.46M | 5.47M | 5.48M | 5.61M | 5.66M | 5.75M |
| EPS (Basic) | 4.14 | 3.74 | 3.08 | 2.87 | 2.94 | 2.71 |
| EPS (Diluted) | 4.02 | 3.62 | 2.98 | 2.77 | 2.85 | 2.63 |
| Dividend Per Share | 0.83 | 0.80 | 0.76 | 0.76 | 0.72 | 0.66 |
| Effective Tax Rate | 22.85% | 23.29% | 21.86% | 21.97% | 20.56% | 20.05% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 57.15M | 58.10M | 59.27M | 82.38M | 71.60M | 277.50M |
| Investment Securities | 344.11M | 124.78M | 122.07M | 127.53M | 173.40M | 192.36M |
| Mortgage-Backed Securities | 253.98M | 267.56M | 266.17M | 273.84M | 217.15M | |
| Total Investments | 344.11M | 378.76M | 389.63M | 393.70M | 447.24M | 409.51M |
| Gross Loans | 1.30B | 1.20B | 1.14B | 1.09B | 1.03B | 884.87M |
| Allowance for Loan Losses | -10.70M | -10.13M | -9.99M | -11.04M | -10.49M | -9.36M |
| Net Loans | 1.29B | 1.19B | 1.13B | 1.08B | 1.02B | 875.51M |
| Property, Plant & Equipment | 16.93M | 17.64M | 18.86M | 21.43M | 23.32M | 20.72M |
| Loans Held for Sale | 733.00K | 1.14M | 1.37M | 686.00K | 211.00K | 3.64M |
| Accrued Interest Receivable | 32.79M | 22.97M | 20.99M | 20.98M | 20.45M | 16.53M |
| Long-Term Deferred Tax Assets | 10.24M | 14.29M | 15.48M | 17.49M | 2.72M | |
| Other Real Estate Owned & Foreclosed | 369.00K | |||||
| Other Long-Term Assets | 18.23M | 17.84M | 17.68M | 18.13M | 17.70M | 17.36M |
| Total Assets | 1.76B | 1.70B | 1.65B | 1.64B | 1.62B | 1.62B |
| Interest Bearing Deposits | 1.04B | 954.27M | 935.04M | 810.45M | 881.13M | 872.10M |
| Institutional Deposits | 126.94M | 160.39M | 147.44M | 148.90M | 31.00M | 26.33M |
| Non-Interest Bearing Deposits | 401.81M | 394.56M | 402.25M | 432.69M | 523.09M | 514.32M |
| Total Deposits | 1.57B | 1.51B | 1.48B | 1.39B | 1.44B | 1.41B |
| Short-Term Borrowings | 86.72M | 47.69M | 37.09M | |||
| Current Portion of Leases | 750.00K | |||||
| Accrued Interest Payable | 16.43M | 16.73M | 17.07M | 15.84M | 12.18M | 11.84M |
| Long-Term Leases | 3.12M | 2.87M | 4.14M | 4.83M | 5.18M | 4.68M |
| Trust Preferred Securities | 15.46M | 15.46M | 15.46M | 15.46M | 15.46M | 15.46M |
| Total Liabilities | 1.60B | 1.55B | 1.52B | 1.51B | 1.52B | 1.48B |
| Common Stock | 48.78M | 48.71M | 48.66M | 50.62M | 52.64M | 53.30M |
| Retained Earnings | 146.63M | 135.65M | 121.06M | 109.76M | 100.16M | 88.97M |
| Comprehensive Income & Other | -37.76M | -27.23M | -39.16M | -39.37M | -47.60M | 96.00K |
| Shareholders' Equity | 157.66M | 157.12M | 130.56M | 121.02M | 105.19M | 142.37M |
| Total Liabilities & Equity | 1.76B | 1.70B | 1.65B | 1.64B | 1.62B | 1.62B |
| Total Debt | 18.59M | 19.08M | 19.60M | 107.01M | 68.34M | 57.23M |
| Net Cash (Debt) | 38.56M | 39.03M | 39.67M | -24.64M | 3.26M | 220.26M |
| Net Cash Per Share | 7.06 | 7.13 | 7.23 | -4.39 | 0.58 | 38.31 |
| Filing Date Shares Outstanding | 5.32M | 5.31M | 5.46M | 5.46M | 5.64M | 5.66M |
| Total Common Shares Outstanding | 5.32M | 5.31M | 5.46M | 5.53M | 5.64M | 5.66M |
| Book Value Per Share | 29.63 | 29.59 | 23.92 | 21.87 | 18.66 | 25.15 |
| Tangible Book Value | 157.66M | 157.12M | 130.56M | 121.02M | 105.19M | 142.37M |
| Tangible Book Value Per Share | 29.63 | 29.59 | 23.92 | 21.87 | 18.66 | 25.15 |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 19.83M | 16.35M | 15.55M | 16.12M | 15.13M | |
| Depreciation & Amortization | 2.74M | 2.89M | 3.13M | 6.03M | 5.57M | |
| Gain (Loss) on Sale of Assets | -3.02M | -184.00K | 85.00K | -126.00K | ||
| Gain (Loss) on Sale of Investments | 78.00K | -5.00K | 2.49M | |||
| Total Asset Writedown | 71.00K | 393.00K | ||||
| Provision for Credit Losses | 938.00K | -285.00K | 1.57M | 1.47M | -1.16M | |
| Net Decrease (Increase) in Loans Originated / Sold - Operating | 508.00K | -394.00K | -250.00K | 3.77M | 5.50M | |
| Change in Other Net Operating Assets | -114.00K | 650.00K | 979.00K | -4.23M | 2.03M | |
| Other Operating Activities | 432.00K | 1.03M | -453.00K | -541.00K | -227.00K | |
| Operating Cash Flow | 21.37M | 20.56M | 22.78M | 22.62M | 26.90M | |
| Capital Expenditures | -1.41M | -587.00K | -1.95M | -4.56M | -484.00K | |
| Sale of Property, Plant and Equipment | 1.46M | 515.00K | ||||
| Investment in Securities | 25.56M | 3.54M | 60.82M | -103.30M | -171.03M | |
| Net Decrease (Increase) in Loans Originated / Sold - Investing | -66.79M | -46.50M | -60.77M | -148.07M | 64.38M | |
| Other Investing Activities | 429.00K | 919.00K | -323.00K | -40.00K | 331.00K | |
| Investing Cash Flow | -41.83M | -42.62M | -753.00K | -255.98M | -106.14M | |
| Short-Term Debt Issued | 163.00K | 163.00K | 82.45M | 10.76M | 11.06M | |
| Total Debt Issued | 163.00K | 163.00K | 82.45M | 10.76M | 11.06M | |
| Short-Term Debt Repaid | -163.00K | -86.88M | -43.43M | -163.00K | -163.00K | |
| Total Debt Repaid | -163.00K | -86.88M | -43.43M | -163.00K | -163.00K | |
| Net Debt Issued (Repaid) | -86.72M | 39.03M | 10.59M | 10.89M | ||
| Issuance of Common Stock | 50.00K | 51.00K | 41.00K | |||
| Repurchase of Common Stock | -2.00M | -2.00M | -710.00K | -3.60M | ||
| Common Dividends Paid | -5.25M | -5.05M | -5.11M | -4.93M | -3.79M | |
| Net Increase (Decrease) in Deposit Accounts | 24.49M | 92.69M | -43.17M | 22.47M | 191.66M | |
| Other Financing Activities | -20.00K | |||||
| Financing Cash Flow | 19.30M | -1.04M | -11.25M | 27.46M | 195.16M | |
| Net Cash Flow | -1.16M | -23.11M | 10.78M | -205.90M | 115.92M | |
| Free Cash Flow | 19.96M | 19.97M | 20.83M | 18.05M | 26.42M | |
| Free Cash Flow Margin | 22.41% | 24.33% | 27.39% | 23.65% | 37.71% | |
| Free Cash Flow Per Share | 3.65 | 3.64 | 3.71 | 3.19 | 4.59 | |
| Cash Interest Paid | 24.66M | 28.08M | 16.49M | 3.28M | 3.22M | |
| Cash Income Tax Paid | 4.86M | 4.54M | 4.45M | 4.66M | 3.67M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 236.78M | 192.19M | 165.59M | 171.48M | 183.57M | 156.20M |
| Last Close Price | 44.50 | 35.49 | 29.64 | 28.43 | 28.82 | 23.66 |
| PE Ratio | 11.07 | 9.69 | 10.13 | 11.03 | 11.38 | 10.32 |
| PS Ratio | 2.59 | 2.16 | 2.02 | 2.25 | 2.40 | 2.23 |
| PB Ratio | 1.50 | 1.22 | 1.27 | 1.42 | 1.75 | 1.10 |
| P/FCF Ratio | 11.81 | 9.63 | 8.29 | 8.23 | 10.17 | 5.91 |
| P/OCF Ratio | 11.04 | 8.99 | 8.05 | 7.53 | 8.12 | 5.81 |
| Debt / Equity Ratio | 0.12 | 0.12 | 0.15 | 0.88 | 0.65 | 0.40 |
| Debt / FCF Ratio | 0.96 | 0.98 | 5.14 | 3.79 | 2.17 | |
| Net Debt / Equity Ratio | -0.24 | -0.25 | -0.30 | 0.20 | -0.03 | -1.55 |
| Net Debt / FCF Ratio | -1.96 | -1.99 | 1.18 | -0.18 | -8.34 | |
| Return on Equity (ROE) | 14.32% | 13.79% | 13.00% | 13.74% | 13.03% | 10.72% |
| Return on Assets (ROA) | 1.26% | 1.18% | 1.00% | 0.95% | 0.99% | 1.00% |
| Earnings Yield | 9.04% | 10.32% | 9.88% | 9.07% | 8.78% | 9.69% |
| FCF Yield | 8.47% | 10.39% | 12.06% | 12.15% | 9.84% | 16.91% |
| Dividend Yield | 1.89% | 2.21% | 2.50% | 2.45% | 2.21% | 2.39% |
| Payout Ratio | 24.87% | 26.46% | 30.86% | 32.86% | 30.61% | 25.06% |
| Buyback Yield / Dilution | 0.32% | 0.21% | 2.27% | 0.90% | 1.52% | 1.25% |
| Total Shareholder Return | 2.21% | 2.42% | 4.78% | 3.35% | 3.74% | 3.64% |